Can the money donated by relatives be used for Australian immigrants?

More and more people will choose to immigrate to Australia, so what if the money donated by relatives can be used for immigration? This is a concern of many people who are short of money. Let's take a look at it with the overseas immigration network! Welcome to reading.

How is the money donated by relatives used to immigrate to Australia?

Australia has a huge immigrant visa system and a large number of investment immigrant visas, but only the major Australian investor 188C visa accepts funds donated by relatives. 188C visa is the highest investment threshold for China investors in Australia. Applicants can apply as long as they invest 5 million Australian dollars in the fund and the source of funds is justified.

In recent years, more and more parents in China have given their children investment funds to help them apply for investment immigration in Australia. However, children, as the main applicants, can't simply say that the funds come from their parents when submitting their visa applications for major investors in Australia. They need to provide financial background information of the donors to prove the legal source of the funds, tax returns and artificial certificates.

In addition, the donee also needs to provide a legally binding donation contract to the Immigration Bureau, and explain the reasons for the donation, which is equivalent to the proof that the donor has applied for investment immigration himself.

Immigration to Australia is as simple as that.

The main investor 188C visa not only has loose requirements on the source of funds, but also has no requirements on the applicant's education, language and business background. Applicants can obtain Australian immigration status as long as they meet the investment requirements of 5 million Australian dollars and reasonably explain the source of funds.

After obtaining a temporary residence visa in Australia, investors can become permanent residents of Australia as long as they have maintained their investment for 4 years and lived in Australia for 160 days during this period! It is precisely because of such simple immigration conditions and green card transfer conditions that many investors are eager for Australia 188C visas!

Experts from the Overseas Migration Network said that in addition to the above-mentioned sources of funds donated by relatives, there are many other sources of funds that may be used as investment funds for investment immigrants, such as stock dividends, operating income, lottery winnings, and investment income (including real estate transactions, stocks, funds, and foreign exchange investment profits). Before applying for investment immigration in Australia, it is necessary for investors to have a thorough understanding of the visa conditions and investment rules of major investors in Australia, and entrust immigration agencies to help them when necessary.